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CSPAN 6
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Search Results 0 to 25 of about 26 (some duplicates have been removed)
KRON
Dec 28, 2012 6:00am PST
. they have only four days to reach agreement or the u.s. economy will go over the fiscal cliff. >> you may be experiencing some really really light rain right now. that is for the extreme north bay and the bulk of the moisture is sitting off shore. this is the rain that could be affecting you right now and we could have more in the northernmost part of california. a lot of clouds are associated with this system. it will slowly make its way to the bay area. we're not seeing too much here on our models by 8:00 a.m. this morning. putting it into motion later on tonight it is running parallel to the coastline we could see some light rain for the coast. it will be in the north bay and it will not spread too far and land. there may be a pot of our waking up saturday morning. it is a cold start out there, pretty chilly in san francisco 45. 42 in oakland and upper 30's out the door in san carlos 35 for concord and livermore. the temperatures are as much as nine degrees colder than 24 hours ago. afternoon highs for today is that mostly cloudy conditions. san jose 54 in palo alto and turning our att
FOX Business
Dec 28, 2012 11:00am EST
the response is out of washington with the fiscal cliff it is going to slow the economy next year. raising of taxes, cutting down of government spending will decrease economic growth, gdp growth which calculations -- shibani: we're predicting a slowdown but predicting a rise in currency in u.s. dollar. how does that -- >> good question. for safety. the bond market everyone is bearish on the bond market because interest rates should go up but in all reality the commercials have positioned themselves for short-term move down which we had. going back to neutral again and the open interest which is how many contracts are exposed to this trend or hedge are at the lowest level in years. usually you will get higher open interest of the market is going to move in the direction lower and the bond market is signaling that things are not going to be worked out and the economy will slow down the u.s. currency strengthens when there is nervousness around world which relates to the stock market going down. byy the fiscal cliff, the debt ceiling -- shibani: the fiscal cliff -- >> cash is king. next you m
KRON
Dec 28, 2012 4:00am PST
.s. economy will grow over the " fiscal cliff. " >> what is happening right now high pressure is staying in place and it is falling down and stall in the system. it is currently 34 degrees in santa rosa. it is not a bad start for san francisco they're waking up to 43 degrees. as we take a look at the visibility map there is a dense fog forming. it is not too bad for napa and out in concord. reports of visibility down to this 3 tens of a mile. this is only the dangerous spot here. you may want to allow yourself a little bit of extra time. >> we are tracking the storm for you. we will not see too much moisture associated with this. we will see cloud cover that will start to run but. all the white on the screeby 3:00 p.m. most of the moisture will be sitting off shore. the shower chances will increase later on tonight into the morning. by 9:00 p.m. we may have some light rain for the shoreline. as we continue to advance the clock showers will pass through for overnight hours. >> as we take a look at the afternoon highs it will be a another cold one. it will be 49 degrees for fairfield and 5
CNBC
Dec 28, 2012 4:00am EST
.s. economy going over the fiscal cliff. the president will meet with congressional leaders at the whiteout at about 3:00 p.m. eastern. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. spending majority leader says harry reid says prospects for monday are unlikely. senate majority leader believes there is still time for an agreement to be reached. >> republicans aren't about to sign a blank just just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> alistair newton joins us here as a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. 27% cited the gop is responsible. 16% blaming the president, 6% pointing to the democrats while 31% said they would blame all of the above for going over the cliff. alistair newton, you've seen the attitudes of the american people. i guess we're going over the cliff. >>
CNBC
Dec 31, 2012 9:00am EST
troubles for the u.s. economy if a deal to avert the fiscal cliff cannot be reached. jpmorgan's chief u.s. economist will join us live a little later on to explain the biggest risks in his view now that investors face. we're back in two. >>> if lawmakers fail to create a plan to avoid the fiscal cliff by january 1st, federal work study will be cut by over $76 million. and over 51,000 fewer students would receive aid. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. i'd like to be optimistic. but it looks like they're going to blow. >> the real linchpin is whether john boehner can bring his troops along. that's a real tough one
CSPAN
Dec 27, 2012 1:00pm EST
the bill through without pulling the fiscal cliff, our economy will improve the tax revenues from that will be more than he would get from the rich now. host: appreciate the call. let's go to oklahoma, a line for republicans. caller: i am so disgusted with both political parties. it seems they are putting their party before their country. and i want these politicians to know they are the ones that have been up there for years and spent all this money and now the average person will be the one who will have to pay, and i believe they are being bought off by the 2%. right is right, wrong is wrong, and to take away from the needy and cut food stamps from people who qualify -- it takes an act of congress to qualify. i cannot understand that these people are protecting the 2% of the country. host: jefferson city, missouri, you are on. go ahead. caller: yeah, i think boehner should be removed from the speaker of the house, and president obama should be in and his entire staff, including hillary clinton. i do not know if you have noticed but nancy pelosi, her eyes are consistently dilate
FOX News
Dec 31, 2012 3:00pm PST
should have acted months ago to keep the u.s. economy going off the fiscal cliff. >> i find it really hard to sit and listen to people come up now and wring their hands and talk about gee whiz. i hope we can get something done on the last day. we put two people together basically to resolve this. >> the two people were senate republican lea leader mitch mcconnell and joe biden who worked the phones after talks between mcconnell and harry reid stalled. >> discussions continue today on plan to affect the middle class families from the tax increase tomorrow. there are a number of issues in which the two sides are still apart. negotiations are continuing as i speak. >> the agreement would set the threshold for extending the bush tax cuts at $400,000 for individuals and $450,000 for families. i would set the tax rate for upper income people at 39.6%. the rate under president clinton. the states would be taxed at 40% above $5 million for individuals and $10 million for a married couple. unemployment benefits would be extented a year, as with the medicare doc fix. it would permanently fix th
FOX News
Dec 29, 2012 4:00pm PST
plunging off the so-called fiscal cliff into the higher taxes and deep spending cuts moments away. plus, an enormous drug smuggling tunnel discovered under a suburban home. wow. where this was located. and the clue that up ited off police. that tipped off police. >>> some families now in america living in limbo after russian president vladimir putin signed a laurie sphricting them from adopting children. they called it retaliation for a law that targets human rights violators. basically it is a political game with little children caught in the middle. right now few are hurting more than those families already matched with orphans and waiting to bring them home. melissa cutler from kdfw in dallas has more. >> we hoped she would get to come home for christmas. we are hoping now it is her valentine dress. >> they were just two months away from making a five-year-old russian girl with down syndrome a part of their family. >> she is not hard to love. not at all hard to love. >> they plan to rename her anna faith. >> most of the toys that we have collected are infant toys because she is not d
FOX Business
Dec 24, 2012 1:00pm EST
seems to be mesmerized by the discussion of the fiscal cliff in th and the , check stock prices were based on earnings outlooks in the economy. lori: everybody is ignoring the fundamentals right now. when we can we get back to the fundamentals and ignore politics, if ever a time in the picture? >> maybe the super bowl ads versus the fiscal cliff read lori: you make a great point, carry on. >> some point we will solve the fiscal cliff, kick the can down the road, have a grand bargain, no bargain, but it will be old news, not the current news. david: will be talking with the retail sector coming up, but we are getting a lot of mixed signals of what is happening this holiday season. what are you sensing? speak of the retail sector will perform well, just don't think it will exceed analyst or wall street expectations. i think everything that needed to be done in terms of consumer investment purchasing in the aftermath of sandy took place. on the other hand if you noticed that has not been a lot of promotions from the major retailers past the holiday weekend that kicked off. i believe ret
MSNBC
Dec 28, 2012 3:00am PST
the fiscal cliff. the hope is both sides can agree to a compromise to prevent the economy from sliding back into recession. judging from the rhetoric on capitol hill, there's a long way to go. here's the day on the hill. >> if we go over the cliff we'll be left with the knowledge that could have been prevented with a single vote in the republican-controlled house of representatives. the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker not allowing the vast majority of the house representatives to get what they want. >> we're coming up against a hard deadline here, and as i said, this is a conversation we should have had months ago. republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> it is somewhat like taking your child hostage and saying to somebody else, i'm going to shoot my child if you don't do what i want done. you don't want to shoot your child. there's no republ
CNN
Dec 27, 2012 1:00pm PST
is the fiscal cliff impasse. it's a potentially devastating one-two bunch for the u.s. economy. neither the longshore's union or alliance shipping company would allow anyone to speak on camera. but officials knowledgeable of the negotiations say it boils down to one issue. the key sticking point is the payments that the longshore men get for them. they pay royalties for the containers based on their weight but the shipping companies want to freeze those royalty payments for current longshore men and eliminate them for future hires. the longshore men say the royalties are made to make up for automation. but if the shipping companies lockout the longshore men -- >> that would impact more than containers. that would impact all cargos at ports. that would have a much more impactful reaction. $55 billion worth of cargo in an average month this year. candy? >> brian, i have to imagine retail companies and others who want those goods off the ships and in their stores have to be plenty worried. do they have a plan b to move those goods if there's a strike? >> reporter: yes. some of them do. clo
FOX Business
Dec 31, 2012 9:20am EST
. dead flat, that is sound bite trading. any word of these fiscal cliff discussions, the market will move. housing, a bit of a bright spot in the economy, but if we fall off the cliff, that could end. if lawmakers can't reach a deal nearly every working american will face higher tax rates and we'll deal with both issues next. >> well, we're flat. down four points, all we've got. we're below 13,000 all waiting for any news on fiscal cliff developments. we'll keep you up-to-date. venezuela's president, hugo chavez is suffering new complications from a respiratory infection that just three weeks after undergoing surgery for cancer in cuba. chavez has not been seen or heard from since his fourth cancer related surgery which took place earlier this month. government officials say chavez might not return in time for the inauguration of his new six-year term on january the 10th. okay. check the price of oil, they're not related. the situation concerning hugo chavez is not related to the overall price of oil which this morning is at $90 a barrel, it's down 28 cents. now, one of the bright spots
CNN
Dec 28, 2012 2:00am PST
. not just the fiscal cliff with the potential threat to the economy, thousands of dockworkers from maine to texas could go on strike within days if their union can't reach a deal with major shipping companies. these are the workers who move goods from the nation's ports to the stores. >> everybody from your mom and pop retailer to your farmer, to the trucking company who has go in and pick up the containers at the ports. this will be felt not just at the local economy, but nationwide for everybody else who relies on these ports. >> one port official says east and gulf coast ports handle about $55 billion worth of cargo a month so a strike could have a major effect on the retail business. >>> land lines not going the way of the vcr just yet. older americans are slow to get rid of land lines and go mobile. the centers for disease control asked 20,000 households about trends throughout the year. the study found about 52% use cell phones for all of their cal calls, that's less than 2% increase from previous years. the older generation is slower to make the switch. >>> patrick democracy might
CSPAN
Dec 27, 2012 8:00pm EST
at the countdown to the fiscal cliff. our guest will be damian paletta. then an interview with randallotoole. then a discussion on the economy, poverty, and hunger. an urban's snr fellow. "washington journal" live every morning on c-span. >> california's representative lynn woolsey is retiring this year. she represents the 6th district in california. we spoke with her in november about her time as co-chairman of the progressive caucus as well as her opposition to the iraq and afghanistan wars. this interview is 30 minutes. >> representative lynn woolsey retiring, 20 years in congress. why are you leaving? >> well, i had my --ly say it this way, i was elected 20 years ago on my 55th birthday. do the math and 20 years and 75 years old and it is time for me to retire. >> what is next? >> i'm president for americans for democratic action. i was just re-elected for a second term. i follow in the footsteps of george mcgovernor and others and i will have a national presence and i will be traveling around the world to developing countries with the organization. >> what are you going to be doing with
CSPAN
Dec 28, 2012 2:00pm EST
's attention and that of the media is on the fiscal cliff, and i understand that. economy of the nation and the world may be at stake here. i think that sooner or later, there will be some kind of an agreement. will we are talking about here is a fundamental change in the ruling, the possibility of a fundamental change in the way the senate does business peeping basically changing the rules of the senate from either 60 votes, sometimes 67, to 51 votes, which would make as no different than the house of representatives, and of course would reduce us in many respects not to irrelevance in the minority party. here is the problem. on one side, the majority leader and the democrats are frustrated by their inability to move forward with legislation. every time there is an opposition to a motion to proceed, which takes days and then they proceed, and that has made the united states congress -- one of the reasons why the united states congress is judged the least productive congress since the year 1947. so, understandably the majority is frustrated with their inability to move legislation. on t
CSPAN
Dec 31, 2012 10:45am EST
what the fiscal cliff is. you have to understand that the president is telling you that it's a cliff and it's bad and everybody on television thinks, it's terrible to go over the cliff. what is the cloy in taxes going up b you if it's bad for taxes to go up for a bunch of people, why is it good for taxes to go up only on a smarl portion of people? you said, with they're rich, they can afford it. here's the problem. the rich pay most of the taxes in our country. the tap 2% pay half of the taxes so what you're saying is, they're rich and they can absorb it. but that's half of the nation's income will have increased taxes. you will take money from the productive sector, which is the private sector, and you will put it into the nonproductive sector, which is washington. so if you want ditching to dug and then to be filled up again, send more money to washington. but if you want jobs to be created, if you want the economy to thrive, you should want to leave that money in your community. it shouldn't matter to you whose money it is or who has it. you want that money, in my case we want tha
CSPAN
Dec 28, 2012 1:00am EST
, a look at the countdown to the fiscal cliff. our guest will be a wall street journal financial reporter. then, an explanation of home ownership in the u.s., hit by the author of "american nightmare." and discussions on the economy, poverty, and hunger. we'll hear from the head of u.s. economic officer service, and the urban institute's senior fellow. california republican congressman jerry lewis is retiring from the house after 34 years in office. the 17 term congressman represents the 41st district in southeastern california, which includes parts of san bernardino and riverside county. this interview is 30 minutes. >> congressmen jerry lewis, you are leaving after three plus decades here. in what ways is this institution different than when you joined? >> there have been many changes. the most significant difficulty with those changes is we have tended recently to more and more polarized ourselves. there is a tendency to want to paint everything in partisan terms. 90% of the issues we deal with have nothing to do with partisan politics. we are here to attempt to respond to our constitu
FOX News
Dec 31, 2012 3:00am PST
to see you. >> good morning. >> dave: it's funny, we're talking about the fiscal cliff stuff and jobs seem to be left out of the conversation. we haven't heard about much to jump start the economy. tell us what the jobs act is. >> first of all, the financing cliff, you can either raise taxes, cut spending or grow the economy. there has been very little discussion about growth. congress did something great and president obama signed it. it was called the jobs act. it was about growth and a lot of growth through innovation. what it did is made easier forebitt entwhistles to raise money. they could crowd funds, go out to more people before having these commission regulations, they could do many other things they couldn't do under the present law. but it did require the security and exchange commission to issue some rules. it turns out those rules have still not been issued. it's been about a year now and they've been held up because the chairman of the sec, chairwoman, shapiro, no relation to me, decided to sit on them because she was concerned about her legacy, according to some e-mails
FOX News
Dec 31, 2012 6:00am PST
to the potential falling off the fiscal cliff. gregg: 30 million americans will be affected by the alternative minimum tax and they will have to pay a much higher tax rate. >> a lot of people don't even know that they will be one of that 28 to 3,030,000,000 people getting hit. this all comes at the end of the year when you realize how much more money you you'll pay in taxes coming out of your paychecks this affects almost every american. gregg: social security the payroll tax that everybody has been talking about, that is suddenly going to jump from 4.2% to 6.2%, the average wage easterner pays about $700 more? if you make less than $50,000, right around $50,000 you're paying about $650 more. again this is affecting middle class america. a lot of people in the middle class say this isn't going to affect me, this is just about rich people. you're seeing more and more everything we talk about hitting the middle class the hardest. gregg: every potential deal we are hearing today none of it affects the payroll tax, that will go up automatically on everybody no matter what. >> that is almost guaran
FOX News
Dec 29, 2012 3:00pm PST
about 2013? >> it's interesting, i was talking to some people today and they say the fiscal cliff for them started about five years ago. but all is not gloom and doom with this. you look at some of the economic indicators that are out there and what is positive for our economy, number one is the housing market. we have seen a steady progressive positive indicators on the housing market that things are getting better there. another thing is the debt load. it looks like houses are starting to see a significant impact there as well. when you look at the debt ratio to gdp, it's actually decreased to the 2003 level. that means that more families are saving money. also they're paying a lower interest rate on that debt load. so that's another good indicator that we can bring you for the new year. >> heather: so back to the fiscal cliff, we have to talk about that. what do families need to be aware of immediately with the fiscal cliff? we mentioned our paychecks in the intro. >> well, if we go sailing over that fiscal cliff and nothing is done, in the next few weeks you could see a smalle
CNBC
Dec 27, 2012 9:00am EST
the fiscal cliff. who will compromise and will a deal get done to save the u.s.'s economy? stay tuned to see who will rise above? >>> the dow is currently down 75 although we know president is going to land in an hour or so. who knows what the situation will look like by the time "fast money" comes around. >> we do know we will have the chairman of lion's gate. up 88% and give us a preview of the pipeline for 2013 and see if the stock can keep going. with the markets closed we will have a technical analyst on the market. looks like he is seeing a worse year for 2013. >> and then talk to italian conference members. >> absolutely. >> see you tonight. meantime, if you're just joining us, here's what you missed earlier on. >> welcome to hour three of "squawk on the street." here's what's happening so far. >> we're going to raise taxes and we're going to cut spending. both of those things will have something of a debilitating effect of the growth of gdp this coming year. >> we hear a lot of press release politics coming from elected officials, who wants to go over the cliff and who doesn't. it's
CNN
Dec 27, 2012 11:00am PST
in your life. >> number one is the fiscal cliff. lawmakers saw it coming and didn't bother to pay any attention to it until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> and make sure you join me for the biggest stories of the year in crime, politic, money and the most scandalous stories. the top ten of 2012, 8:00 eastern. a teen battling a terminal illness uses lyrics instead of letters to say goodbyes. >> it's kind of me always being there for him. like if they keep singing that song throughout their life, it will be worth it. >> this teen's final wish, next. s that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. t
CSPAN
Dec 29, 2012 7:00am EST
of the federal government as appropriately putting its foot on the accelerate to help a weak economy. the question is how quickly and -- how quickly the government should ease off the gas pedal, what the fiscal cliff is essentially taking the foot off the gas, putting two feet on the brake pedal and standing up. that is not what we want to do. the question is finding the right balance that still supports a vulnerable economy, yet begins the process to renormalize the revenue level of the federal government. host: now we've got the tweet from a fussy liberal. it says it's time to be a liberal and -- host: how much of the fiscal crisis can be attributed to the war into the afghanistan that were not part to the original budget? caller: it is -- guest: it is instructive to go back. if you look at the current deficit over $1 trillion, still a majority of that is related to the recession that began in 2008. however, it is certainly true that going into that recession, we were dealing with structural deficits that were result-a-result of tax cuts initiated during the bush administration and
CSPAN
Dec 24, 2012 12:00pm EST
the estimates about the impact of unemployment insurance if it is not extended in the fiscal cliff talks? guest: it is negative. if they do not get -- they spend less, and that is bad for the economy. we know what the congressional budget office said. the $30 billion cost of extending these programs would generate $33 billion. that is because this money trickles through the system. that money is spent on food, housing, heating, all of those basic necessities and give us a multiplier effect. host: this is from the national unemployment law program. nearly 1 million workers will run out of state unemployment benefits without access by the end of the first quarter of 2013. take us through those numbers a little bit, and specifically that 1 million more workers, how they would be impacted. guest: there are two fundamental programs. the important thing about them, this is really what counts in this, is that they provide those additional benefits at that six- month mark. if workers don't get those additional benefits, and they will be forced into other kinds of government programs, like welfare. that
FOX News
Dec 30, 2012 3:00am PST
starting to see very positive trends. >> clayton: let's talk about the fiscal cliff. 'cause a number of factors in play here, number one, capital gains taxes moving forward and we saw a lot of investments and a lot of investors buying up. are you from phoenix in that neck of the woods? >> no, i'm in washington. both d.c. and seattle. >> clayton: and some of those investments, even in the d.c. area, we saw some investments in the outlying areas, but phoenix of course, vegas. investors coming in and buying up a lot of those properties down there, but how will the fiscal cliff affect investment going forward and maybe helping this recovery? because we're going to see a big increase in the capital gains taxes? >> that's right, it's going to have a bigger impact than i think analysts are predicting, maybe because they're numbers crunchers and not in the market. and fueling the momentum in the real estate markets, snapping up the foreclosure properties the last few years and the concern is they're going to be a little bit more conservative in their purchasing moving forward. and here is a
Search Results 0 to 25 of about 26 (some duplicates have been removed)